Jim Cramer Analyzes Bullish’s Market Entry and Investor Interest

Bullish (NYSE:BLSH) is one of the stocks Jim Cramer shed light on. During the episode, Cramer discussed the stock after it went public. He commented:

“Today, a company called Bullish came public… The deal was more than 20 times oversubscribed, and the stock opened up for trading 143% from its offering price. Wow. The underwriters actually did their best to tamp enthusiasm. The deal was supposed to be 20.3 million shares, priced between 28 to 31, but it was indeed upsized to 30 million shares, then priced 32, 33. I would’ve taken that a little bit higher, but you know what, I mean, arguably, they could have upsized it much more and made the price much higher.Jim Cramer Analyzes Bullish’s Market Entry and Investor Interest

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Bullish (NYSE:BLSH) operates a digital assets exchange and provides market data, indices, and media services for the cryptocurrency and blockchain industry. The company offers the Bullish Exchange, CoinDesk Indices, market analytics, and news coverage.

While we acknowledge the potential of BLSH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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